The key for me is for a suitor with deeper pockets the upside is even greater . A bit of drilling could easily increase the reserve 30-40% placing a 1 b pre tax NPV.
I think it has plenty to run from here and ofcourse after a while the higher price means we enter into a virtuous cycle where funding to drill Heemskirk out becomes less dilutive
2.5 c plus this week a distinct possibility
The key for me is for a suitor with deeper pockets the upside is...
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Last
2.1¢ |
Change
-0.001(4.55%) |
Mkt cap ! $32.62M | |||
| Open | High | Low | Value | Volume |
| 2.2¢ | 2.2¢ | 2.0¢ | $64.06K | 3.029M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1951098 | 2.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.2¢ | 45454 | 1 |
View Market Depth
| Last trade - 15.51pm 29/05/2024 (20 minute delay) ? |
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Last
2.1¢ |
Change
-0.001 ( 4.55 %) |
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| Open | High | Low | Volume | ||
| 2.1¢ | 2.1¢ | 2.1¢ | 848720 | ||
| Last updated 15.51pm 29/05/2024 ? | |||||
| SRZ (ASX) Chart |